II. How does Globalization impact individuals and the World?
Globalization can be a complicated issue. Adding to the difficulty in understanding this multifaceted subject is that fact that it involves many economic terms and concepts.
A. Take this quiz http://quizlet.com/_pfj1 on economic vocabulary terms that are associated with globalization. Once you are confident that you know what these terms mean, move onto part B.
B. Your group as been assigned the “Anti-Globalization” position. Decide which of the following are points/arguments for “Anti- Globalization

  • Trickle down
  • Natural progression
  • IMF and World Bank
  • Weak environmental laws
  • Bubble economies
  • Sweatshops
  • Export economies
  • Specializing in the marketplace
  • Economic convergence -
  • Promoting efficiency
  • “Wealth Gap” btw. the rich & poor
  • Instantaneous global economy
  • North American and European Transnational firms
  • Diffusion of technology & ideas